What NAFMII's asset-backed MTNs mean for securitisation in China
August 08, 2012 | BY
clpstaff &clp articlesChina's National Association of Financial Market Institutional Investors (NAFMII) has released draft rules for a securitisation instrument for non-financial issuers
NAFMII's asset-backed medium term notes (ABN) are receiving a more positive response from the market than PBOC's asset-backed securitisation (ABS) instrument, announced in March.
While financial institutions are still waiting for their individual quotas in the 50